Hyaluronic
Acid Products Market - Global Industry Insights, Trends, Outlook, and Opportunity
Analysis, 2018-2026
Hyaluronic acid products find
wide application in anti-aging processes along with minimal invasive surgery
(MIS) procedures. Hyaluronic acid, also known as hyaluronan (HA) is an organic
compound that belongs to the branch of carbohydrates and polysaccharides.
Hyaluronic acid is prepared in laboratories by various in-vitro processes such
as extraction from rooster combs and bacterial production. Average human body
consists of approximately 15 grams of hyaluronic acid, though it can be
administered through injections or oral administration as directed by the
healthcare professional. Hyaluronic acid is hydrophilic in nature and thus, is
used to absorb shock in people with joints disorder such as osteoarthritis.
Also due to quick absorption of hyaluronic acid into skin helps combating the
signs of aging such as fine lines and wrinkles which favor the market of
hyaluronic acid product in cosmetics as hyaluronic acid beauty serums.
Furthermore, increase in
awareness about health and beauty standards lead to the demand of cosmetics and
aesthetics procedure.
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Hyaluronic acid is used in
treatment of mouth sores, dry eyes, and aging of skin. Whereas now many
biological fields are evolved and slowly finding the purpose of hyaluronic acid
to form a useful product that can favor the growth of hyaluronic acid products
market. Treatment of osteoarthritis is also approved by the U.S. FDA in 2015 by
using hyaluronic acid.
Rise in medical application of
hyaluronic acid fuel the hyaluronic acid products market
Hyaluronic acid is present in
human body but it is also supplemented via oral, intramuscular and intradermal
routes. Due to its hydrophobic nature hyaluronic acid is used for treatment of
osteoarthritis. Whereas hyaluronic acid is also used to replace body fluid
during surgeries of retina, cornea and cataract. Increase in number of plastic
surgeries also favor the growth of hyaluronic acid products market.
Furthermore, hyaluronic acid is
also used as dermal filler in cosmetic surgery. Many hyaluronic acid products
market mainly consists of beauty products which provides essential moisture to
maintain skin’s elasticity and smoothness such as hyaluronic moisturizers,
shampoos, creams, conditioners and bath oils are also available in the market.
Recently approved hyaluronic acid skin filler by FDA binds to water when
injected into the skin which provides volume to easily fill in the larger folds
of the skin around the cheeks and mouth.
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Regional growth engines of hyaluronic
acid products market
Hyaluronic acid products market
is geographically segmented into North America, Europe, Asia Pacific and Middle
East and Africa. As growth in geriatric population is seen in North America and
their demand for treatment is expected to boost the hyaluronic acid products industry
in North America. According to Population Reference Bureau report the number of
people from North America who age 65 and older is projected to more than double
from 46 million from year 2016 to over 98 million by 2060. Awareness related to
anti-aging treatment and consideration of alternatives like plastic surgeries
also favor the growth of market in North America. The U.S. FDA approved
Restylane Lyft, hyaluronic acid dermal filler, by Galderma Laboratories in year
2015. Various hyaluronic acid cosmetics products such as bath oils, shampoos,
creams and conditioners is expected to witness growth in market of
Asia-Pacific.
Key players operating in hyaluronic
acid products market
The key players in the global
hyaluronic acid products market are Zimmer Holdings, Inc., Hoffmann-La Roche
Ltd., Ferring Pharmaceuticals, Inc., F. Merz Aesthetics, Inc., Seikagaku
Corporation, Allegran Inc., Smith & Nephew plc. and Alcon, Inc.
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